TIMOTHY F. KEANEY
Marco Island,Florida
Summary
High-integrity, C-suite strategist with more than 30 years of experience in the global financial services sector. Dynamic and results-orientated, focused on achieving exceptional results in highly competitive environments that demand transformation and continuous improvement. A proven visionary and strategic leader who translates business strategy into maximum profit for the interests of shareholders, customers, employees and the public. Deep knowledge of financial markets, sophisticated investment vehicles, asset management, banking and insurance regulations, and blockchain and distributed ledger technology (DLT).
Overview
28
28
years of professional experience
Work History
Vice Chairman
BNY MELLON
01.2006 - 01.2014
- Vice Chairman and Member of BNY Mellon’s 12-person Executive Committee, the organization’s most senior management body, which oversaw all company operations
- CEO of largest BNY Mellon division consisting of six businesses with 40,000 employees globally, generating $10 billion in revenue and managing $28.5 trillion in assets under custody and administration representing 25% of the world’s investable assets
- Built Investment Services market share to number one in sector and achieved quality leadership in all key markets
- - #1 Custodian by AUC/A - #1 Corporate Trust provider
- - #1 US/UK Clearing firm - #1 Depositary Receipts provider
- - #1 Broker Dealer
- Orchestrated and integrated three acquisitions, representing over $17 billion in market capitalization, closing out product gaps, entering new markets and driving shareholder value
- Led global expansion efforts that grew international business mix from 25% to 35%
- Consistent New Business Wins of over $500 million AUC/A for previous twelve months
- Implemented new enterprise client coverage model, growing share of wallet revenue for enterprise clients by over 30%
- Managed $1 billion technology budget to drive innovative customer solutions
- Established and fostered a culture of cost containment and expense management, delivering $750 million of cost reductions over five years
- Established enhanced risk management approach including reporting mechanisms measuring and monitoring credit and liquidity risks associated with intraday exposure
- Implemented process and procedures in response to regulatory changes associated with the Volker Rule, Money Market Reform, AIFMD, US-Tri-Party Repo Reform, CASS Remediation, CSD Regulation and Target-2-Securities, Leverage Capital Ratio, and Statutory Liquidity Ratio
Chairman, EMEA
BANK OF NEW YORK
01.2000 - 01.2006
- Global business head of The Bank of New York’s asset servicing business with full P&L responsibilities for $1.5 billion in revenues and leadership of 4,500 employees located across six continents and 34 countries
- Head of the company’s presence in Europe, Middle East and Africa, with management responsibility for all business activities in these regions
- Recruited as Managing Director to head depositary receipts for the bank
- Delivered $300 million in revenue, operated a 55% margin, and achieved industry leadership with 68% of market share
Senior Vice President, Sales and Client Management
DEUTSCHE BANK
01.1996 - 01.2000
- Following acquisition of Bankers Trust Company, acted as head of sales and client management for custody, asset administration, performance measurement, asset management, funds transfer and trade finance activities
- Worked collaboratively with global business heads on specific growth initiatives
- Oversaw global staff of 2000 in 30 countries
- Double digit revenue growth annually and reduced cost of sales by over 35% while simultaneously upgrading seniority of sales team
Partner – Head of Retirement Services Business
BANKERS TRUST COMPANY
01.1994 - 01.1998
- Oversaw the Defined Contribution and 401(k) business
- Re-engineered business to maximize sales price and sold off unproductive/non-strategic units while maintaining 100% client retention
Senior Vice President, Trust and Investments
MELLON BANK
01.1990 - 01.1994
Vice President, Sales, Asset Management and Asset Servicing
THE BOSTON COMPANY
01.1986 - 01.1990
Education
Bachelor of Science and Business Administration - undefined
Babson College
Wellesley, MA01.1983
Skills
- Transformational Change
- Mergers and Acquisitions
- Strategic Planning
- Client Management/Sales Leadership
- Operational and Financial Efficiencies
- Blockchain and DLT Technology
- Regulatory Change and Implementation
- Strategic Product Management and Distribution
- Board, Investor, Analyst Engagement
Affiliations
- Chair of the Board, ALTi Global, Inc. (Global Wealth and Asset Manager, Nasdaq Ticker: ALTI) Present
- Board Member, Standard Custody & Trust Company 2018 – Present (NY DFS Regulated Digital Asset Custodian, A wholly owned subsidiary of Ripple, Inc, San Francisco, California)
- Board of Directors, Unum Group, Chairman of Audit Committee 2012 – Present (Insurance Company, Ranks 266 on the Fortune 500, Ticker: UNM)
- Board of Directors, Euroclear Bank S.A., 2010 – 2013
- Board of Directors, Association of Financial Markets Executives 2006 – 2010
Timeline
Vice Chairman
BNY MELLON
01.2006 - 01.2014
Chairman, EMEA
BANK OF NEW YORK
01.2000 - 01.2006
Senior Vice President, Sales and Client Management
DEUTSCHE BANK
01.1996 - 01.2000
Partner – Head of Retirement Services Business
BANKERS TRUST COMPANY
01.1994 - 01.1998
Senior Vice President, Trust and Investments
MELLON BANK
01.1990 - 01.1994
Vice President, Sales, Asset Management and Asset Servicing
THE BOSTON COMPANY
01.1986 - 01.1990
Bachelor of Science and Business Administration - undefined
Babson College
Similar Profiles
ANKUR WADHEANKUR WADHE
Associate I at Bank of New York Mellon (BNY Mellon)Associate I at Bank of New York Mellon (BNY Mellon)
Vishal TilwaniVishal Tilwani
Associate, AML/Prevention/KYC Representative at BNY Mellon (Bank of New York Mellon)Associate, AML/Prevention/KYC Representative at BNY Mellon (Bank of New York Mellon)
Sonali VetalSonali Vetal
Associate Quality Engineer at BNY Mellon TechnologyAssociate Quality Engineer at BNY Mellon Technology
Theresa LawTheresa Law
Senior Client Service Manager at BNY Mellon Corporate TrustSenior Client Service Manager at BNY Mellon Corporate Trust
KURT BuddeKURT Budde
Corporate and Incentive Sales Manager at Worldwide Cruise AssociatesCorporate and Incentive Sales Manager at Worldwide Cruise Associates